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Canaccord Genuity Group Inc (CF.TO)

CF.TO on Toronto Stock Exchange

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13 Dec 2018
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Summary

Name Age Since Current Position

David Kassie

62 2015 Executive Chairman of the Board

Daniel Daviau

53 2015 President, Chief Executive Officer, Executive Director

Donald MacFayden

2017 Chief Financial Officer, Executive Vice President

Jeffrey Barlow

55 2015 President, Canaccord Genuity Inc (US).

Patrick Burke

2015 President - Capital Markets, Canaccord Genuity Corp. (Canada)

David Esfandi

2014 Chief Executive Officer - Canaccord Genuity Wealth Management Limited (U.K.)

Adrian Pelosi

2017 Executive Vice President, Chief Risk Officer, Treasurer

Alexis De Rosnay

2015 Senior Executive Vice President, Global Head of Investment Banking, Canaccord Genuity Group Inc., Chief Executive Officer - Canaccord Genuity Limited

Nicholas Russell

2017 Senior Vice President - Finance

Stuart Raftus

54 2015 Chief Administrative Officer, Canaccord Genuity Group Inc. President, Canaccord Genuity Wealth Management (Canada)

Martin MacLachlan

2016 General Counsel, Corporate Secretary

Marcus Freeman

2015 Managing Director & Chief Executive Officer, Canaccord Genuity (Australia) Limited

Dvaipayan Ghose

2015 Global Head - Equity Research

Mark Whaling

2015 Global Head - Sales and Trading

Charles Bralver

66 2010 Independent Director

Kalpana Desai

51 2014 Independent Director

Michael Harris

73 2004 Independent Director

Merri Jones

67 2018 Independent Director

Terrence Lyons

69 Lead Independent Director

Dipesh Shah

65 2012 Independent Director

Christina Marinoff

2014 Vice President - Investor Relations & Communications

Biographies

Name Description

David Kassie

Mr. David Jonathan Kassie serves as Executive Chairman of the Board of Canaccord Genuity Group Inc. He became Group Chairman and a director of the Company on the closing of the acquisition of Genuity Capital Markets, a Canadian investment bank, on April 23, 2010, and became Chairman on April 1, 2012. He was the Principal, Chairman and Chief Executive Officer of Genuity Capital Markets from 2004 until May 9, 2010, when the integration of the businesses of Genuity Capital Markets and Canaccord Financial Ltd. was completed under the name Canaccord Genuity. Before 2004, he was Chairman and Chief Executive Officer of CIBC World Markets and the Vice Chairman of CIBC. On the death of Paul Reynolds on April 1, 2015, Mr. Kassie was appointed as the Chief Executive Officer of the Company and on October 1, 2015, upon succession, Mr. Kassie became the Executive Chairman. Mr. Kassie has extensive experience as an advisor, underwriter and principal. He sits on a number of corporate boards. Mr. Kassie is actively involved in community and charitable organizations and is the Chairman of the Board of Baycrest Health Sciences and is on the board of the Richard Ivey School of Business and was formerly on the boards of the Toronto International Film Festival Group and the Hospital for Sick Children. Mr. Kassie holds a B.Comm. (Honours) in Economics from McGill University (1977), and an MBA from the University of Western Ontario (1979). In addition to Canaccord Genuity Group Inc., Mr. Kassie is a director of the following public company: Reitmans (Canada) Limited.

Daniel Daviau

Mr. Daniel J. Daviau serves as President, Chief Executive Officer, Executive Director of the Company. He was appointed President and Chief Executive Officer and a director of the Company and Chief Executive Officer of Canaccord Genuity Corp. effective on October 1, 2015. Mr. Daviau served as President of Canaccord Genuity’s North American capital markets business from February 2015. From 2012 to 2015, he was President of the firm’s US capital markets business, where he helped to structure the firm’s investment banking, research, sales and trading operations in the region and improve cross-border capabilities. From 2010 to 2012, Mr. Daviau was Head of Investment Banking for Canaccord Genuity. Before the Canaccord/Genuity merger that was announced in 2010, Mr. Daviau was a Principal and Founder of Genuity Capital Markets, where he held a variety of senior roles since 2005. Before 2005, Mr. Daviau was Co-Head of Investment Banking at CIBC World Markets, a firm he joined in 1991. While at CIBC World Markets, Mr. Daviau also served as the Head of the Media and Telecommunications Group since 2000 and Head of the Technology Investment Banking Group in Canada since 1997. Having started his career as a securities lawyer with Goodman & Co., Mr. Daviau has extensive experience in a broad range of financing transactions and M&A assignments. Mr. Daviau is based in Toronto, Canada. He holds an MBA from York University, an LL.B. from Osgoode Hall/York University and a B.A. (Math and Statistics) from the University of Western Ontario. Mr. Daviau is not currently a director of any other public companies.

Donald MacFayden

Mr. Donald D. MacFayden is Chief Financial Officer, Executive Vice President of the company. Mr. MacFayden is responsible for leadership of the global finance and tax strategies of the organization, which includes all aspects of regulatory, tax and financial reporting, liquidity and capital management the Group and its subsidiaries. Having first joined one of Canaccord Genuity Group’s predecessor firms in 1986, Mr. MacFayden has been a key member of the Group’s internal and external financial and tax reporting teams for many years. In 2007, he became Senior Vice President with responsibility for financial analysis, corporate development and capital management beginning with the Company’s initial public offering, and subsequently for numerous acquisitions and other business opportunities. He also served as Chief Financial Officer of the firm’s U.S. operations from 2007 to 2012 and in 2012, became Senior Vice President, Finance for Canaccord Genuity Group Inc. In 2016, he re-assumed the additional role of Chief Financial Officer of the firm’s U.S. operations. Mr. MacFayden received a Bachelor of Science from McGill University and a Master of Business Administration from Queen’s University. He is a Chartered Professional Accountant and holds the Chartered Financial Analyst (CFA) designation.

Jeffrey Barlow

Mr. Jeffrey D. Barlow J.D., CFA, serves as President, Canaccord Genuity Inc (US). of the Company. He was appointed President of Canaccord Genuity Inc. (US) in October, 2015. Mr. Barlow joined the firm in February 2007 and successfully expanded the firm’s Life Sciences practice before becoming head of US Investment Banking in 2011. He has extensive experience advising clients in all aspects of financings, mergers and acquisitions and has completed more than 150 transactions during his career. Prior to joining Canaccord Genuity, Mr. Barlow was a Managing Director and the Head of Healthcare Investment Banking at First Albany Corporation, where he was responsible for establishing and building the firm’s healthcare practice. Mr. Barlow began his career at J.P. Morgan. Mr. Barlow earned the Chartered Financial Analyst (CFA) designation and is a frequent speaker on industry topics. He received his B.A. from the University of New Hampshire and MBA with Beta Gamma Sigma distinction from the Leonard N. Stern School of Business at New York University

Patrick Burke

Mr. Patrick Burke is President - Capital Markets, Canaccord Genuity Corp. (Canada) of the Company. He joined the firm as President of the capital markets division of Canaccord Genuity Corp. (Canada) in October, 2015 and brings more than 25 years of experience and extensive institutional relationships to his role. Prior to joining Canaccord Genuity, Mr. Burke served as Global Head of Equity and Co-Head of Global Investment Banking for Scotiabank. In this role, he was responsible for oversight of equity sales, trading, research, prime brokerage, equity capital markets, equity derivatives and investment banking. Prior to joining Scotiabank, he was Managing Director and Head of Canadian Equities for Merrill Lynch, having held various roles of increasing responsibility since 2000. From 1990 to 2000, Mr. Burke worked in institutional equity and fixed income for Bank of Montreal.

David Esfandi

Mr. David Esfandi is Chief Executive Officer - Canaccord Genuity Wealth Management Limited (U.K.) subsidiary of the Company. He was appointed CEO of Canaccord Genuity Wealth Management Limited in March 2014.  He was previously Managing Director of Ashcourt Rowan Asset Management, where he played a key role in restructuring the business and acquired a leading private client team from a large European bank. Prior to that, he spent 10 years with Deutsche Bank, latterly as Director of Proprietary Pan European Equity Investment. He also played a key role in starting the Private Institutional Client business. Mr. Esfandi began his career at Goldman Sachs International as a financial analyst. He holds an MA in PPE from Oxford University.

Adrian Pelosi

Mr. Adrian Pelosi is Executive Vice President, Chief Risk Officer, Treasurer of the company. Adrian Pelosi joined the firm in 2007 and since 2008 has served in a variety of roles of increasing responsibility within the firm’s Risk Management division. He has had Group Board level reporting responsibilities since 2010 and in addition to his risk management duties, has served as Senior Vice President Internal Audit and currently serves as Group Treasurer. Adrian is a CFA Charterholder and a Certified Risk Manager (CRM).

Alexis De Rosnay

Mr. Alexis De Rosnay is Senior Executive Vice President, Global Head of Investment Banking, Canaccord Genuity Group Inc., Chief Executive Officer - Canaccord Genuity Limited, subsidiary of the company. He was appointed Senior Executive Vice President of Canaccord Genuity Group Inc. and Global Head of Investment Banking in October, 2015. He continues to serve as Chief Executive Officer of Canaccord Genuity Limited (UK & Europe), an appointment he has held since 2012, which includes overall responsibility for Canaccord Genuity Wealth Management operations in the region. Mr. de Rosnay has significant experience in running international investment banking operations, most recently as Co-Head of UK Investment Banking at Lazard and Vice Chairman of Lazard International. Previously, he was Co-Head of Global Healthcare Investment Banking and Co-Head of Investment Banking in Europe and the Middle East at Lehman Brothers. Earlier in his career, he was Head of European Healthcare Investment Banking at JP Morgan, and spent four years at Rothschild Group in London and Paris. Mr. de Rosnay holds a B.A. (Honors) in Economics from McGill University. He speaks English, French, Italian and Spanish.

Nicholas Russell

Mr. Nicholas Brian Russell is Senior Vice President - Finance of the Company.

Stuart Raftus

Mr. Stuart Raftus serves as Chief Administrative Officer, Canaccord Genuity Group Inc. President, Canaccord Genuity Wealth Management (Canada) of the Company. Since October, 2015. He is responsible for oversight of the firm’s global operations, information technology, facilities, human resources and marketing. He continues to serve as President of Canaccord Genuity Wealth Management in Canada, an appointment he has held since January 2014. Additionally, Mr. Raftus is a member of the Canaccord Genuity Corp. Board of Directors, the Canadian operating subsidiary of Canaccord Genuity Group Inc. Mr. Raftus has in-depth and broad experience in the financial services industry in Canada and the United States. He has a proven track record of implementing unique business strategies, enhancing operational efficiencies, implementing organizational change and fueling growth. Since taking over Canaccord Genuity’s Canadian wealth management division, Mr. Raftus has restructured the business and returned it to profitability. Prior to joining Canaccord Genuity Group Inc., Mr. Raftus held various executive leadership and operations roles, including CEO of Seamark Asset Management, Managing Director and Head of Wealth Management USA Distribution for CIBC Oppenheimer and President and COO of Rockwater Capital. Mr. Raftus spent 16 years with Merrill Lynch Canada/Midland Walwyn, in various roles including NYC District Sales Manager and National Director of Canadian Wealth Management. Mr. Raftus is actively involved as a member of the Board of Governors and chairs the Development Committee at Crescent School in Toronto. Additionally, he is a member of the Executive Committee and serves as a board member for the Investment Industry Association of Canada. His philanthropic efforts are focused primarily on improving children’s health, Mr. Raftus is an avid supporter of The Hospital for Sick Children.

Martin MacLachlan

Mr. Martin L. MacLachlan is General Counsel, Corporate Secretary of the Company. Since August 2004, Martin MacLachlan has been the Senior Vice-President, Legal Affairs, of Canaccord Genuity Group Inc. (TSX: CF and LSE: CF.). He is now also Corporate Secretary of Canaccord Genuity Group Inc. and Senior Vice-President, Legal Affairs, of its wholly owned subsidiary, Canaccord Genuity Corp., a member of the Investment Industry Regulatory Organization of Canada (“IIROC”). Until July 2004, Martin MacLachlan was a partner of Miller Thomson LLP, one of Canada’s largest national and international firms. The Vancouver office of Miller Thomson was formed by a merger with Swinton & Company in Fall 2000. Martin joined Swinton & Company in 1981 as an articled student and was a partner of that firm at the time of the merger. Martin’s practice was concentrated in securities, corporate and societies law. He counselled clients on public and private financings, securities registration and compliance, corporate governance and general corporate matters. One of his major clients was Canaccord Genuity Corp. (then called Canaccord Capital Corporation). A graduate of the University of British Columbia (B.Com., 1980; LL.B., 1981), Martin was called to the Bar of B.C. in 1982. In 1987, he obtained his LL.M. (with merit) in Commercial and Corporate Law from the University of London (London School of Economics and Political Science). He was called to the Bar of Ontario in 2010. His profile appeared in the Canadian Corporate Counsel Association magazine, Summer 2009.

Marcus Freeman

Mr. Marcus Freeman is Managing Director & Chief Executive Officer, Canaccord Genuity (Australia) Limited subsidiary of the Company. Marcus Freeman was appointed Chief Executive Officer of Canaccord Genuity Asia-Pacific in February, 2015. Mr. Freeman co-founded BGF Equities in 2008 and following a 50% equity transaction with Canaccord Genuity Group, became the Managing Director and CEO of Canaccord Genuity Australia in 2011. Under his leadership, Canaccord Genuity’s Australian operations has successfully increased market share through an expanded service offering and diversified sector coverage, to become a top-ranked independent investment bank in Australia. He is currently tasked with coordinating the firm’s efforts in Australia, Singapore, Beijing and Hong Kong to facilitate a seamless approach to client coverage in the region. With two decades of capital markets experience, Mr. Freeman completed his B. Com and was originally recruited to the graduate program of Price Waterhouse before relocating some years later to London where he worked at Sakura Bank (Foreign Exchange), Rabobank International (Foreign Exchange) and Deutsche Bank (Global Equities). He returned to Australia in 2000 to work in Bell Potter’s equities business for approximately eight years, where he built significant institutional and investment banking relationships before founding BGF Equities in 2008.

Dvaipayan Ghose

Mr. Dvaipayan P. Ghose serves as Global Head - Equity Research of the Company Since February, 2015. Previously, As Head of Strategic Development, Mr. Ghose monitors global markets, opportunities and trends in order to evaluate strategic development activities across our global capital markets and wealth management businesses. He works closely with the global partners and executives of Canaccord Genuity Group to set the overall strategic direction of the firm, drive innovation and efficiency and maximize performance across our operations and geographies. As Global Head of Equity Research, Mr. Ghose manages a team of 80 analysts in Canada, the US, UK and Australia. Previously, he served as the firm’s Head of Canadian Equity Research while also covering Telecommunications and Cable stocks. Prior to joining Canaccord Genuity, Mr. Ghose served in the same capacity at Genuity Capital Markets. He covered Telecommunications and Cable stocks at CIBC World Markets from 1999 to 2006, and at HSBC Securities from 1996 to 1999. During his career as an analyst, Mr. Ghose was consistently ranked as an all-star analyst in Canada by the Brendan Wood International survey, and as a top analyst for stock picking and EPS estimate accuracy in North America by Starmine and Forbes Magazine. Mr. Ghose holds a Bachelor of Arts and a Master of Arts from the University of Oxford.

Mark Whaling

Mr. Mark Driscoll Whaling is Global Head - Sales and Trading of the Company. He was appointed Global Head of Sales and Trading in October, 2015 and is responsible for oversight of institutional sales and trading, fixed income and all other non-equity sales and trading operations. From 2012 to 2015, Mr. Whaling  served as head of Global Equity Sales and Trading from 2012  Mark joined Collins Stewart (acquired by Canaccord Genuity in March 2012) in 2008 as Head of US Equity Research and Sales and was promoted to Head of Equities in September 2010.  In March of 2011, Mark was promoted to President of Collins Stewart LLC and Head of US Securities. Prior to joining Collins Stewart, Mr. Whaling spent five years as a Managing Director of Institutional Equity Sales and Director of Product Development at FTN Financial. He also worked at Bank of America and ABN AMRO. Mr. Whaling holds a BA in history from Princeton University.

Charles Bralver

Mr. Charles N. Bralver serves as Independent Director of Canaccord Genuity Group Inc. He is a financial services executive with over thirty years of capital markets experience. For more than 23 years – from 1984 to 2007 – Mr. Bralver was a founder and Vice Chairman of management consultancy Oliver, Wyman & Co. where he specialized in strategy, risk and operational work for leading investment banks, asset managers, exchanges and other market utilities. He continues to serve as a member of the senior advisory board of Oliver Wyman and is also a Senior Advisor to the hedge fund Silverpoint Capital. Mr. Bralver served as Senior Associate Dean for International Business and Finance at the Fletcher School of Law and Diplomacy from 2007 to 2010, and from 2007 to 2009 as a strategic advisor to Warburg Pincus LLC. Mr. Bralver serves as a director of the Company, as a director and member of the risk committee of NewStar Financial, Inc. and on the Board of Visitors of the Fletcher School. Mr. Bralver started his career at Booz Allen Hamilton. He is a US citizen and a graduate of the Fletcher School of Law and Diplomacy and Dartmouth College.

Kalpana Desai

Ms. Kalpana serves as Independent Director of the Company. effective August 6, 2014. She is a corporate director and advisor. She has over 25 years of international investment banking and advisory experience. She was Head of Macquarie Capital Asia, the investment banking division of Macquarie Group, an Executive Director and a member of the Global Macquarie Capital Operations Committee from 2010 to 2013. Before joining Macquarie Group in 2009, Ms. Desai was Head of the Asia-Pacific Mergers & Acquisitions Group and a Senior Managing Director in the investment banking division of Bank of America Merrill Lynch based in Hong Kong, having joined Merrill Lynch in 1998. Earlier, Ms. Desai worked in the investment banking divisions of Barclays de Zoete Wedd (now part of Credit Suisse) and J. Henry Schroder Wagg (now part of Citibank) in London, having started her career in the financial services consulting division of PricewaterhouseCoopers. Ms. Desai was a member of the Takeovers and Mergers Panel of the Securities and Futures Commission in Hong Kong from 2007 to 2014. Born in Kenya and educated in the United Kingdom, Ms. Desai lived in Hong Kong from 1997 to 2017 and now lives in the United Kingdom. Ms. Desai holds a B.Sc. (honours) from the London School of Economics and Political Science and is an Associate Member of the Institute of Chartered Accountants of England and Wales. In addition to Canaccord Genuity Group Inc., Ms. Desai is a non-executive director of Janus Henderson Group plc which is listed on the New York Stock Exchange (NYSE), the London Stock Exchange and the Australian Securities Exchange (ASX).

Michael Harris

Mr. Michael D. Harris serves as Independent Director of Canaccord Genuity Group Inc. He is the President of his own consulting firm, Steane Consulting Ltd., and, in this capacity, acts as a consultant to various Canadian companies, including Fasken Martineau DuMoulin LLP. Before joining Fasken Martineau in September 2013, he was a senior business advisor with the law firm of Cassels Brock & Blackwell in Toronto. Mr. Harris was born in Toronto in 1945 and was raised in Callander and North Bay, Ontario. Before his election to the Ontario Legislature in 1981, Mr. Harris was a schoolteacher, a school board trustee and chair and an entrepreneur in the Nipissing area. On June 8, 1995, Mr. Harris became the 22nd Premier of Ontario following a landslide election victory. In 1999, he was re-elected – making him the first Ontario Premier in over 30 years to form a second consecutive majority government. In addition to sitting on several boards of Canadian corporations, he has also served as a director of the Manning Centre for Building Democracy and as the Honorary Chair of the North Bay District Hospital Capital Campaign and the Nipissing University and Canadore College Capital Campaign. Mr. Harris is also a Senior Fellow of the Fraser Institute and a director of the New Haven Housing Centre. He has received his ICD.D certification from the Institute of Corporate Directors. In addition to Canaccord Genuity Group Inc., Mr. Harris is a director of the following public companies: Chartwell Retirement Residences (Chair), Colliers International Group Inc. (CIGI) and Routel Inc. (Chair).

Merri Jones

Ms. Merri Jones is Independent Director of the Company. She is a corporate director and advisor. She has over 40 years’ experience within financial services with expertise across sales and marketing, finance, strategy and human resources. She was the first female to lead a Schedule II Bank in Canada. She was the Executive Vice President, Private Wealth, at Fiera Capital from 2010 to 2015; President of GBC Asset Management in 2008 and 2009; President and Chief Executive Officer of AGF Private Wealth Management from 2003 to 2007; President, Chief Operating Officer and Director of TAL Private Management from 1996 to 2003; and President and Chief Executive Officer of CIBC Trust in 1995 and 1996. Before joining CIBC in 1995, Ms. Jones had been President and Chief Executive Officer of First Interstate Bancorp from 1986 to 1990 and had worked at Chemical Bank and the Royal Bank of Canada, where she began her career. Ms. Jones was educated at the University of Western Ontario, the Wharton School of Business and the University of Toronto. She has received her ICD.D certification from the Institute of Corporate Directors. Ms. Jones is a director of the following public company: Data Communications Management Corp.

Terrence Lyons

Mr. Terrence A. Lyons serves as Lead Independent Director of Canaccord Genuity Group Inc. He is a corporate director. He is a director of several public and private corporations including Sprott Resource Holdings Inc. (Chairman) and Martinrea International Inc. Mr. Lyons is a retired Managing Partner of Brookfield Asset Management, past Chairman of Northgate Minerals Corporation which was acquired by AuRico Gold Inc. (now Alamos Gold Inc.), past Chairman of Eacom Timber Corporation which was sold to a private equity firm, past Chairman of Westmin Mining, past Vice-Chairman of Battle Mountain Gold and past Chairman of Polaris Materials Corporation. Mr. Lyons is a Civil Engineer (UBC) with an MBA from the University of Western Ontario (1974). He sits on the Advisory Board of the Richard Ivey School of Business and is active in sports and charitable activities, is a past Governor of the Olympic Foundation of Canada, past Chairman of the Mining Association of B.C., past Governor and member of the Executive Committee of the B.C. Business Council and a past director of the Institute of Corporate Directors (B.C.). In 2007, Mr. Lyons was awarded the INCO Medal by the Canadian Institute of Mining and Metallurgy for distinguished service to the mining industry. In addition to Canaccord Genuity Group Inc., Mr. Lyons is a director of the following public companies: Martinrea International Inc. and Sprott Resource Holdings Inc.

Dipesh Shah

Mr. Dipesh Jayantilal Shah, OBE, FRSA, serves as Independent Director of Canaccord Genuity Group Inc. He is Chairman of Notting Hill Genesis and Genesis Housing Association and a director on the boards of The Crown Estate and the two 2020 European Funds for Energy, Climate Change and Infrastructure (‘‘EU Marguerite Fund I’’ and ‘‘EU Marguerite Fund II’’, for each of which he is Chairman of the Investment Committee). He is also a Trustee of the British Youth Opera and a Governor of Merchant Taylors’ School. Mr. Shah was formerly the Chief Executive of the UK Atomic Energy Authority and of various large businesses in BP Plc, where he was a member of the Group Leadership for more than a decade and latterly also the Global Head of Acquisitions and Divestitures. Mr. Shah was Chairman, inter alia, of Viridian Group plc, HgCapital Renewable Power Partners LLP and the European Photovoltaic Industry Association. He was the Senior Independent Director and Chair of the Remuneration Committee of JKX Oil & Gas Plc from 2008 to 2015, the Senior Independent Director and Chair of the Nominations Committee of Equus Petroleum Plc from 2013 to 2016 and a Director of Thames Water from 2007 to August 2017 and of Cavendish Fluor Partnership from 2014 to August 2017. In addition, he has been a Director of several major organizations, including Babcock International Group Plc and Lloyd’s of London, the insurance market. He was also a member of the UK Government’s Renewable Energy Advisory Committee from 1994 to 2002. Earlier, Mr. Shah was the Chief Economist for BP Oil UK. Born in India, and brought up in Uganda, Mr. Shah is a graduate of the University of London, the University of Warwick and the Harvard Business School management program. He was appointed an Officer of the Order of the British Empire (OBE) in the 2007 New Year Honours and is a Life Fellow of the Royal Society of Arts (FRSA).

Christina Marinoff